FRP HOLDINGS, INC. — Director's Dealing 2014

Dec 5, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PATRIOT TRANSPORTATION HOLDING INC (FRPH)
CIK: 0000844059
Period of Report: 2014-12-03

Reporting Person: Klopfenstein John D (Controller and CAO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-12-03	Option to Buy	$35.89	A	3330	Acquired	2024-12-03	Common Stock (3330)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	300	Direct
Common Stock	10806.76	Indirect

Footnotes

F1: Shares were acquired in the Issuer's 401(k) plan.

F2: The reporting person was awarded 3,330 stock options pursuant to the Company's 2006 Stock Incentive Plan. The options vest ratably over 5 years commencing on the first anniversary of grant date.